Paul Krugman - Income Inequality and the Middle Class

Complete video at: http://fora.tv/2007/10/30/Paul_Krugman_Future_of_the_Middle_Class

Nobel Prize-winning economist and New York Times Op-Ed columnist Paul Krugman discusses the history of the American "middle class," and argues that growing income inequality may threaten its existence.

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Paul Krugman discusses "Losing Our Way in the New Century: The Future of the Middle Class?"

Krugman brings a sharp political, social and economic analysis of what happened to the middle class of the 20th century and where America's social policy is headed in the future. Krugman is the most widely read economist of our time and was named Columnist of the Year by Editor and Publisher magazine. - The Commonwealth Club

Paul Krugman joined The New York Times in 1999 as a columnist on the Op-Ed Page and continues as professor of Economics and International Affairs at Princeton University.

Mr. Krugman received his B.A. from Yale University in 1974 and his Ph.D. from MIT in 1977. He has taught at Yale, MIT and Stanford. At MIT he became the Ford International Professor of Economics.

Mr. Krugman is the author or editor of 20 books and more than 200 papers in professional journals and edited volumes. His professional reputation rests largely on work in international trade and finance; he is one of the founders of the "new trade theory," a major rethinking of the theory of international trade. Mr. Krugman's current academic research is focused on economic and currency crises.

At the same time, Mr. Krugman has written extensively for a broader public audience. Some of his recent articles on economic issues, originally published in Foreign Affairs, Harvard Business Review, Scientific American and other journals, are reprinted in Pop Internationalism and The Accidental Theorist.